Contrary to popular belief this is not a derogatory term but an object used by prostitutes. It is used to inefficiently and unhygieneically clean their vaginas between sex with different customers. It is generally a dirty looking towel or some newspaper that you wouldnt wanna touch with a barge pole (this is a very very very long pole)

the art of remembering an arousing occurrence or some porn you watched while masturbating, often handy if you have no porn or your in the shower

Sleazerock band in New Orleans.

a slut rag is someone who sleeps around and SOAKS up everyone's STDs

1. A term for a very dirty slut
2. Used as a term of affection, caring